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Junior Quant Jobs (NOW HIRING)

Delta One Desk Quant

New York, NY

$22.50 - $30.75/hr

Prestigious financial firm is seekinga strong junior quant to support the business across risk, inventory optimization and collateral management. Responsibilities: Work with business and technology ...

Delta One Desk Quant

New York, NY · On-site

$22.50 - $30.75/hr

Prestigious financial firm is seeking a strong junior quant to support the business across risk, inventory optimization and collateral management. Responsibilities: Work with business and technology ...

Jr. Quantitative Developer

Manhattan, NY

$73K - $95K/yr

As a Jr. Quantitative Developer, you wil l: Build research tools and applications for processing and examining market data Develop and test data-centric theories aimed at understanding market ...

Jr. Quantitative Developer

Manhattan, NY · On-site

$73K - $95K/yr

As a Jr. Quantitative Developer, you wil l: • Build research tools and applications for processing and examining market data • Develop and test data-centric theories aimed at understanding market ...

Quant Developer

Manhattan, NY · On-site

$90K - $110K/yr

Bayview Asset Management, LLC is looking for a junior Quantitative Developer with strong technical skills in quantitative analysis, programming, and databases with 0-3 years' experience. The ...

Quant Developer

Manhattan, NY · On-site

$90K - $110K/yr

Bayview Asset Management, LLC is looking for a junior Quantitative Developer with strong technical skills in quantitative analysis, programming, and databases with 0-3 years' experience. The ...

You will also manage a junior quant researcher, directing analytical projects and developing talent as part of building out the investment team. Equi accesses managers through a mix of pooled funds ...

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Junior Quant information

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How much do junior quant jobs pay per hour?

As of Jun 7, 2026, the average hourly pay for junior quant in the United States is $26.96, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $33.17 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Junior Quant, and why are they important?

To thrive as a Junior Quant, you need a strong background in mathematics, statistics, programming (often Python, C++, or R), and typically a degree in a quantitative field such as mathematics, physics, computer science, or engineering. Familiarity with financial modeling tools, statistical analysis software, and version control systems like Git is often required. Outstanding analytical thinking, attention to detail, and the ability to work collaboratively in high-pressure environments are crucial soft skills. These skills and qualities enable Junior Quants to deliver accurate models and insights that drive successful trading and risk management decisions.

What are Junior Quants?

Junior Quants, short for Junior Quantitative Analysts, are entry-level professionals who use mathematical, statistical, and programming skills to analyze financial data and develop models for tasks such as pricing, risk management, and trading strategies. They typically work in investment banks, hedge funds, or financial technology firms under the guidance of senior quantitative analysts. Their responsibilities may include data analysis, coding algorithms, backtesting trading strategies, and supporting senior team members in research and decision-making. Junior Quants often hold degrees in fields like mathematics, physics, engineering, or computer science and may be familiar with programming languages such as Python, R, or C++.

What is the difference between Junior Quant vs Quant Analyst?

AspectJunior QuantQuant Analyst
Required CredentialsBachelor's degree in Math, Finance, or related field; some internshipsBachelor's or Master's degree; often requires some experience
Work EnvironmentEntry-level, supportive team, learning-focusedMore independent, analytical, and project-driven
Employer & Industry UsageFinancial firms, hedge funds, asset managersFinancial institutions, investment banks, hedge funds

Junior Quants are typically entry-level roles requiring foundational skills and limited experience, focusing on learning and supporting senior staff. Quant Analysts usually have more experience, handling complex models and analysis independently. Both roles are common in finance and investment sectors, but Quant Analysts have greater responsibilities and expertise.

What are some common challenges faced by Junior Quants when transitioning from academic work to industry roles?

Junior Quants often find that moving from academic environments to industry roles presents challenges such as adapting to fast-paced deadlines, learning to work within multidisciplinary teams, and applying theoretical models to real-world, often noisy, data. In industry, there's a strong emphasis on producing actionable results and collaborating closely with traders, developers, and other stakeholders. Developing strong communication skills and becoming proficient with industry-standard tools and programming languages are key to overcoming these challenges and excelling in the role.
More about Junior Quant jobs
What cities are hiring for Junior Quant jobs? Cities with the most Junior Quant job openings:
What are the most commonly searched types of Quant jobs? The most popular types of Quant jobs are:
What states have the most Junior Quant jobs? States with the most job openings for Junior Quant jobs include:
Infographic showing various Junior Quant job openings in the United States as of May 2026, with employment types broken down into 3% As Needed, 35% Full Time, 14% Temporary, 47% Contract, and 1% Summer. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $56,068 per year, or $27 per hour.

$22.50 - $30.75/hr

Other

Posted 10 days ago


Job description

Prestigious financial firm is seekinga strong junior quant to support the business across risk, inventory optimization and collateral management.
Responsibilities: Work with business and technology to
o Enhance modelling and risk management of Delta 1 products
o Optimize collateral and inventory under various constraints (e.g. regulatory, contractual, capital)
o Optimize funding
o Maintain adequate control functionality
Relevant skills & experience: Equity finance, Equities, strong mathematical, financial modeling and optimization skills, strong C++ and Python programming